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Show SALT LAKE OWNS TIE BAiERWNGE Mining Exchange Is Enjoying One of Biggest Booms in fts History. MONEY RAKED OUT OF HIDING PLACES Wild Scramble to Corral Tin-tic Tin-tic Stocks Sends the Prices Soaring. Just as a person smiles broadly over tho fact that ho Is ablo to wear somo raro flower out of season In his lapel, so Salt Lake City Is enjoying the unique distinction distinc-tion of having tho only stock exchange In the wholo country where business Is extremely satisfactory. In proportion to New York City, for Instance, the Salt Lake exchango Is away ahead, and what gives an additional color of Interest to theso facts is that while stocks aro coming com-ing down in New York and Boston, they aro going up, ana rapidly at that, In Salt Lako City. Wednesday was no exception to tho rule, there being hardly a single stock on tho board without Its upward tendency. This was cspcclully marked in tho Tlntlc stocks, and Colorado led off as usual with the groatest gain. All the Knight stocks were strong, while such stocks as Uncle Sam showed considerable Improvement ovor ordinary conditions. The morning call was one of the most exciting since tho great Tlntlc boom of last year. The present boom rosombles that of last year In that It Is taking place when- the Eastern East-ern markets are all shot to pieces. The best market Salt Lake City ever had was when the Eastern cities were In the strongest grasp of the financial panic. Tho real cause for this present boom is hard to determine, for the local talent agrucs that slumping prices instead should be the logical conclusion of existing exist-ing conditions In general. The smelting situation Is not cleared up enough yet to justify such trading, and oven if It was the present price of metals would prevent many companies from sending In any great amount of ores. One explanation that has tho right sort of a sound to it Is to tho effect that tho money which stock Investors have beon hiding away In their stockings on account of the panic is now being brought out, which theory would be backed up very much by the great number of buying orders that wore round the rail yesterday. This would go to show that It Is mostly a speculative market, the trading being mostly speculative, specula-tive, not Intended for permanent Investments, Invest-ments, but for scalping purposou. But it certainly is a lively market, whatever the cause, and there Is money being mado hand over fist during a period when every Indication promised n dull soason. There Is bound to be a recession, but when this will come no one can tell. If people could tell, there would be some active shorting going on at the proper hour. The uncertainty of the cause for the boom, and tho uncertainty as to tho goneral conditions, tend to leave the next day In doubt after each day of such trading. ' Now York Mining Stocks. James A. Pollock & Co., bankers and brokers, 6 West Second South street, furnish fur-nish tho following New York mining stock quotations, received over their private wire yesterday: LISTED STOCKS. I Sules. II. I L. ICIse Nowhousc 400 S 781 S Utah Copper 1,310 26 25: 26 Balaklala 35 2J 2J 2i Tennessee Copper 2S 27 2S . NEW YORK CURB RANGE. I Sales. II. I L. Clse Cumberland Ely .... 1,300 73 7$ 7Q Ely Con .. 3 a j Dominion Copper 150 21 21 2i G. G. it Silver 600 I & Nevada Utah 1.100 3J 3J 3J Nevada Smelter 11 - 1 H Mitchell 3 ; :J Glroux Con 110 31 3J 3j King Edward 3 2 3 Tlntlc Mining 31 2j 3j NEW TORIC CURB CLOSE. I Bid. lAskcdT Butte & London 1 1-15 Cumberland Ely 7i 7 Glroux Consolidated 31 31 Novada Consolidated 9J 9i Nevada Utah 31 2, Nlplsslng 61 0 Newhouse 7J S Tennessee Copper 27 2S Utah Copper 251 26 Davis Daly 4A 4i Dominion Copper 21 2J Ely Central '. J U Ely Consolidated S a Furnace Creek 23 25 Balaklala 2 3 G. G. & Silver, com 1 9-16 Mitchell 1 3 Montgomery-Shoshone .... 22 3 Nevada Smelting 1 13 Silver Queen 13-16 I Silver Leaf fi 9 King Edward i J Foster Cobalt 57 62 Cobalt Central 26 261 McKlnley-Darragh 21 I Tlntlc Mining 25 31 Gibraltar 11 12 Boston Mining 3tock5. James A. Pollock ,t Co.. bankers and brokers. 6 West Second South, furnish the following Boston mining stock quotations, quo-tations, received over their private wire yesterday: BOSTON COPPER RANGE. ! Salcs.l H. I L. ICIse Bingham Con 353 1? li 18 Boston Con 275 14& 141 141 Butte Coalition ... 73S 193 193 19$ Butte & London 615 75c 74c 74c Calumet & Arizona. 253 100 99 99 Con. Morcur f 37c 37c 37c Copper Range 1.151 611 60 601 Cumberlond Ely 490 71 73 . 71 Daly West SI S v Si Davis Daly 3,325 4 4J 4i East Butte 100 5 5 5 Glroux Con 100 3V 3J 3$ Granby Con 80 SO SI Gfccne-Cannnea ... 1.60S 31 SI Ril Nevada Con 700 91 Pi 0 Nevada Utah 715 34 35 3J Nlplsslng 127 61 61 61 North Butte 4.518 51 49 50 Trinity "13 14. 14 141 United Copper, com 61 5S 61 U. S. Smelter, com.. 150 301 301 SO U. S. Sm filter, pfd 37 371 37J Utah Con 2.306 38i 371 3SJ BOSTON CURB CLOSE. I Bid AKked. Cumberland Ely 71 7J Dominion Coppor 2i 21 Globe 6 7 Helvetia 3J 31 Nlplsslng 6 S. & P 125 124 Apex 3 33 Davis Daly - 31 31 Glroux 3j Hancock 5i 5. Nevada Utah ' 33 31 Raven li 11 Troy 65, G. G. & Sliver 1 B Tickets for music festival at Clayton Clay-ton Music Co., Mouday. 4 |
